Jacques de Larosière on the international monetary system and the eurozone
Lifetime achievement award winner ‘in conversation’ at the Central Banking Awards
In a wide-ranging ‘conversation' with Central Banking editor Christopher Jeffery at the Central Banking Awards dinner in March 2015, Jacques de Larosière, the former head of the International Monetary Fund, Banque de France and European Bank for Reconstruction and Development, shared his thoughts on the following topics (click on the 'playlist' button above for specific video clips):
Video clip 1: Recollections of the talks that led to breakdown in the monetary system and its impact over time.
Video clip 2: The IMF's efforts under de Larosière's leadership in close co-operation with the US helped countries like Mexico address structural issues and why de Larosière believes the current international monetary system is an ‘anti-system'.
Video clip 3: What de Larosière believes can be done to fix the international monetary ‘anti-system'.
Video clip 4: The risks presented by low interest rates and widespread quantitative easing by central banks.
Video clip 5: The impact persistently low rates will have on financial intermediation.
Video clip 6: The danger eurozone quantitative easing presents to Europe's banking sector.
Video clip 7: Why a fall in the value of the euro will do little to solve Europe's growth challenges and prognosis on Greek debt renegotiations.
De Larosière was speaking after receiving the Central Banking lifetime achievement award for 2015.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Financial Stability
Upping LCR will not address systemic risks – Hernández de Cos
Panellists shed light on liquidity risks in banks, non-banks and US Treasuries
FSB publishes 2024 G-Sib list
One bank moves up while another moves down, as dashboard reveals detailed scores for each lender
No ‘compelling case’ for changing liquidity rules – BIS’s Restoy
There are other ways to promote stability, says chair of Financial Stability Institute
Nature loss is key metric for supervisors – ECB board member
Elderson says central banks need to develop better ways to measure its impact on financial stability
Securing sound deposit protection in East Africa
There is a need to revisit legal frameworks to adopt risk-adjusted premium regimes and establish more comprehensive deposit insurance systems in the East African Community, write Gilbert Nyatanyi and Gloria Tengera
Central banks to maintain independence despite threats – panel
Top central bankers discuss Trump, AI and why they plan to ignore IMF on rate cuts
ECB vice-president warns of US AI bubble
Now is not the time to deregulate banks, says Luis de Guindos
Implementation of regulatory reforms ‘uneven’, says FSB
Annual report reviews efforts over past year to adopt Basel III and tackle risks in non-bank sector